Up-to-the-minute advice, information, resources, and, on occasion, commentary on federal and New Jersey state income taxes, and the various New Jersey property tax rebate programs, and insights and observations on tax policy and professional tax practice, by 40-year veteran tax professional Robert D Flach.

Friday, January 11, 2013

WHAT’S THE BUZZ? TELL ME WHAT’S A HAPPENNIN’ – FRIDAY EDITION

“All taxes discourage something. Why not
discourage bad things like pollution rather than good things like working or
investment?” -Lawrence Summers

From
now on (until my tax season hiatus) the BUZZ will appear on Wednesday and
Friday (instead of Saturday).

I am listed in the “General”
category – not “Tax”?.Here is what they
say about me -

“An
avant-garde CPA {how dare you – I am not a CPA! – rdf}, Robert Flach takes a down-to-earth approach with his blog, The
Wandering Tax Pro. Based in New Jersey {not any more – rdf}, readers will find some of Flach’s posts
specific to the state; however, he also does a great job of tackling federal
news including recent issues like the AMT (Alternative Minimum Tax), ATRA
(American Taxpayer Relief Act), and the dreaded fiscal cliff. Though his
writing style can be somewhat informal at times, it makes for a great read. Try
his post ‘What Fools These Politicians Can Be!’ to read his thoughts pre-fiscal
cliff resolution."

“While Congress was able to edge out Lindsay
Lohan, the Ebola virus, the Kardashians and North Korea, it failed to best
other items on the list, including Genghis Khan, NFL replacement referees, used
car salesmen, lice, and the band Nickelback.”

I
suppose if I had to choose between the idiots in Congress and the idiots in the
Kardashian family, or the Ebola virus, I, too, would choose the idiots in
Congress.Now Lindsay Lohan is another
story.

*
Jim Blankenship provides a detailed “History of the 401(k)", which first
appeared in 1978, at GETTING YOUR FINANCIAL DUCKS IN A ROW.

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AIN'T THAT THE TRUTH!

DONALD T RUMP HAS NOT DONE A SINGLE THING THAT IS "APPROPRIATE" OR "ACCEPTABLE" FOR A CANDIDATE OR A PRESIDENT SINCE THROWING HIS HAT INTO THE RING.EVERY SINGLE DAY TRUMP PROVIDES MORE PROOF THAT HE IS AN IGNORANT, SELF-ABSORBED, UNFIT, MENTALLY UNSTABLE IDIOT, AND A DEPLORABLE AND DESPICABLE HUMAN BEING.TRUMP MUST BE REMOVED FROM OFFICE FOR MENTAL INCOMPETENCE ASAP! PLEASE READ AND SHARE THIS - THE TRUTH ABOUT TRUMP'S MENTAL CONDITION

Donald T Rump has not done a single thing that anyone with intelligence would consider “appropriate” or “acceptable” for a President since deciding to run for office.

Every single day Trump provides more proof that he is an ignorant, self-absorbed, unfit, mentally unstable idiot, and a deplorable and despicable human being, who must be removed from office ASAP.

VERY IMPORTANT -

(1) Before contacting me with questions about how a blog post relates to your specific situation, please be aware that I do not give free tax advice to non-clients by e-mail, comment response, or phone. So don't waste your time and mine.

(2) I am winding down my tax practice, and I will not, under any circumstances, accept any new clients. Period. I am actually trying to "thin the herd".